Cost Estimating Challenges - Part A

Key Words: project cost management, estimating, labor, materials, subcontracting, contingency
Area of PM Application: EngCon
(See IAC #1001)
Topic Level: Process
(See IAC #1002)
Related Topics: Project planning, WBS
Reference: Wideman, R.M. Cost Control of Capital Projects, BiTech Publishers Ltd., 1995

What are the challenges in detailed estimating, especially in construction work?

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